Organised by Explore Exhibitions and Conference LLP, the summit is all set to revolutionise the electric vehicles (EVs) industry by driving EV adoption in India.
Adopting a new technology is always a big challenge but a revolution is awaiting for the Indian automotive industry, going green by bringing eco-friendly vehicles. Today, one can see most of the automaker introducing a concept vehicle and idea for electric vehicle but surprisingly no company is moving forward to create history. While the government has announced its plan to go electric by 2030, it is not yet ready with the policy. EV enthusiastic in India says bringing eco-friendly automotive technologies to India in the absence of a clear policy framework is a challenge.
In order to find solutions to these issues, Explore Exhibitions and Conference LLP is organising its first edition of EV India Summit 2018 from June 18-19 in New Delhi. Organised in association with Energy Efficient Services Limited (EESL), Society of Electric Vehicle Association (SMEV), and India Energy storage Alliance (IESA), the event is supported by NITI Aayog, Ministry of Micro, Small And Medium Enterprises (MSME), and Automotive Research Association of India (ARAI).
Domestic market
The Indian auto industry is one of the largest in the world which accounts for 7.1per cent of the country’s Gross Domestic Product (GDP). Production of passenger vehicles, commercial vehicles, three wheelers and two wheelers grew at 5.41per cent in FY17 to 25 million vehicles from 24 million vehicles in FY16. Exhaustion of fossil fuels, environmental concerns and increase in energy costs is compelling India to shift to electric mobility. E-mobility is the future and the most potential solution.
Committing to the Paris Agreement, India has announced a major transformation to electric vehicles by 2030. The Government has also initiated Faster Adoption and Manufacturing of Hybrid and Electric vehicles (FAME) scheme which provides incentives for purchasing electric vehicles. Substantially, the ‘National Electric Mobility Mission Plan (NEMMP) 2020’ which was formed in 2013 addresses issues of National energy security, vehicular pollution and growth of domestic manufacturing capabilities. India’s electric vehicle (EV) sales increased 37.5 per cent to 22,000 units during FY 2015-16. Government’s vision is to see six million electric and hybrid vehicles by 2020.
Electric vehicles are making big splashes in Indian market. According to a report, the electric vehicles (EV) market is expected to record double-digit growth rates with rise in sales volume annually in India till 2020. Huge investment and demand for skilled work force in India has been witnessing interest in electric vehicles and other green mobility solutions. Final credible solutions
In presence of the automotive industry and government officials, EV India Summit will deliberate upon the challenges in forming the most awaited EV policy and some other key issues like infrastructure, charging station, battery swapping technology, high cost lithium-ion battery and many more.
Some of the key participants are Mahindra Electric, Firefly, Tork Motors, Ampere, Magenta EV Solutions, Amptek Batteries, EV Teq, Future Lithium Technology, RPK Green Trading, Bry-Air, Pastiche, lords, Lucas TV, Morris Garages, etc.
EV India Summit 2018 will gather policymakers from national and local authorities from India, representatives from the Indian and International EV industry, relevant research communities and provide them the platform for networking. With more than 500 attendees, over 100 EV companies and about 30 exhibitors gathering at the EV India Summit, this event is all set to revolutionise the EV industry by driving EV adoption in India.
Highlights of the summit:
• Learn from the international experts on significant milestone achieved and RoI component
• Indulge in very high profile discussion with government on policy initiatives.
• Roadmap for EV and sustainable technology adaption
• Skillsets empowerment
• Research and development of new technologies in India
• Learn from ISRO on development of Lithium-Ion battery and its cost reduction